{"id":58522,"date":"2011-07-27T12:23:16","date_gmt":"2011-07-27T02:23:16","guid":{"rendered":"http:\/\/www.fnarena.com\/index.php\/2011\/07\/27\/icarus-signal-new-entries-for-today-46\/"},"modified":"2011-07-27T12:23:16","modified_gmt":"2011-07-27T02:23:16","slug":"icarus-signal-new-entries-for-today-46","status":"publish","type":"post","link":"https:\/\/staging.fnarena.com\/index.php\/2011\/07\/27\/icarus-signal-new-entries-for-today-46\/","title":{"rendered":"Icarus Signal New Entries For Today"},"content":{"rendered":"

\n\tDaily update on share prices and consensus price targets.<\/p>\n

\n\tBy Rudi Filapek-Vandyck<\/span><\/p>\n

\n\tMarket rumour<\/span> has it near-term copper producer Discovery Metals ((DML<\/span>)) is preparing some kind of a positive surprise, while our eyes have spotted the company's name on stockbroker lists for relatively safe exposures ahead of the upcoming reporting season. It is probably no coincidence then the stock has now joined the group trading close to consensus price target. Judging by past gaps between price action and the target as registered by FNArena's<\/span> Icarus<\/span> Signal, Discovery Metals shares have been traveling via rocket recently.<\/p>\n

\n\tMore important, probably, is that Discovery's entrance is accompanied by Campbell Brothers ((CPB<\/span>)) also re-joining the group. Campbell Bros is an interesting case as the board issued an increase in profit guidance for the year to March 2012 on continued positive industry dynamics. The dilemma for investors is, however, the shares are already trading near (upgraded) consensus target. Yes, life is all about choices and decisions, but Campbell Bros shares had a very good run already, proving it is a big ask to jump on good news stories and make a lot of money from it too. (Certainly a dilemma many an investor will recognise<\/span>).<\/p>\n

\n\tProbably no surprise then Campbell Bros shares are weaker today and, in combination with a rising target, seem poised to disappear off the list by the close of trading today.<\/p>\n

\n\t\"\"<\/p>\n

\n\tDiscovery Metals and Campbell Bros were accompanied by Beach Petroleum ((BPT<\/span>)), Ansell<\/span> ((ANN)) and Macmahon<\/span> Holdings ((MAH<\/span>)) after yesterday's price action. This group now contains 16 names. Five companies disappeared from this list, of which three due to share price weakness. These are Reckon ((RKN<\/span>)), Tassal<\/span> Group ((TGR<\/span>)) and Aston Resources ((AZT<\/span>)).<\/p>\n

\n\tCharter Hall Retail ((CQO<\/span>)) and Kingsgate<\/span> Consolidated ((KCN<\/span>)), on the other hand, have now joined the stocks trading above target. No stocks disappeared from this group, so there are now 30 stocks trading above target.<\/p>\n

\n\tCorporate phoenix Hastie<\/span> Group ((HST<\/span>)) has now made its presence known in the Bottom 50, alongside Industrea<\/span> ((IDL<\/span>)) and Peet<\/span> ((PPC)).<\/p>\n

\n\tInvestors should consider the information and data are provided for research purposes only.<\/p>\n

\n\tStocks <3% Below Consensus<\/h2>\n\n\n\n
\n\n\n\n\n\n\n\n\n\n
\n\t\t\t\t\t\t\t\tOrder<\/th>\n\n\t\t\t\t\t\t\t\tSymbol<\/th>\n\n\t\t\t\t\t\t\t\tCurrent Price($)<\/th>\n\n\t\t\t\t\t\t\t\tConsensus Price($)<\/th>\n\n\t\t\t\t\t\t\t\tDifference(%)<\/th>\n<\/tr>\n<\/thead>\n
\n\t\t\t\t\t\t\t\t1<\/td>\n\n\t\t\t\t\t\t\t\t ANN<\/a><\/td>\n\n\t\t\t\t\t\t\t\t$ 14.28<\/td>\n\n\t\t\t\t\t\t\t\t$ 14.60<\/td>\n\n\t\t\t\t\t\t\t\t2.24%<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t\t\t2<\/td>\n\n\t\t\t\t\t\t\t\t BPT<\/span><\/a><\/td>\n\n\t\t\t\t\t\t\t\t$ 1.08<\/td>\n\n\t\t\t\t\t\t\t\t$ 1.09<\/td>\n\n\t\t\t\t\t\t\t\t1.02%<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t\t\t3<\/td>\n\n\t\t\t\t\t\t\t\t CPB<\/span><\/a><\/td>\n\n\t\t\t\t\t\t\t\t$ 47.15<\/td>\n\n\t\t\t\t\t\t\t\t$ 47.91<\/td>\n\n\t\t\t\t\t\t\t\t1.61%<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t\t\t4<\/td>\n\n\t\t\t\t\t\t\t\t DML<\/span><\/a><\/td>\n\n\t\t\t\t\t\t\t\t$ 1.48<\/td>\n\n\t\t\t\t\t\t\t\t$ 1.48<\/td>\n\n\t\t\t\t\t\t\t\t0.34%<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t\t\t5<\/td>\n\n\t\t\t\t\t\t\t\t MAH<\/span><\/a><\/td>\n\n\t\t\t\t\t\t\t\t$ 0.59<\/td>\n\n\t\t\t\t\t\t\t\t$ 0.61<\/td>\n\n\t\t\t\t\t\t\t\t2.88%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\n\tStocks Above Consensus<\/h2>\n\n\n\n
\n\n\n\n\n\n\n
\n\t\t\t\t\t\t\t\tOrder<\/th>\n\n\t\t\t\t\t\t\t\tSymbol<\/th>\n\n\t\t\t\t\t\t\t\tCurrent Price($)<\/th>\n\n\t\t\t\t\t\t\t\tConsensus Price($)<\/th>\n\n\t\t\t\t\t\t\t\tDifference(%)<\/th>\n<\/tr>\n<\/thead>\n
\n\t\t\t\t\t\t\t\t1<\/td>\n\n\t\t\t\t\t\t\t\t CQR<\/span><\/a><\/td>\n\n\t\t\t\t\t\t\t\t$ 3.31<\/td>\n\n\t\t\t\t\t\t\t\t$ 3.29<\/td>\n\n\t\t\t\t\t\t\t\t– 0.60%<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t\t\t2<\/td>\n\n\t\t\t\t\t\t\t\t KCN<\/span><\/a><\/td>\n\n\t\t\t\t\t\t\t\t$ 9.38<\/td>\n\n\t\t\t\t\t\t\t\t$ 9.26<\/td>\n\n\t\t\t\t\t\t\t\t– 1.28%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\n\tTop 50 Stocks Furthest from Consensus<\/h2>\n\n\n\n
\n\n\n\n\n\n\n\n
\n\t\t\t\t\t\t\t\tOrder<\/th>\n\n\t\t\t\t\t\t\t\tSymbol<\/th>\n\n\t\t\t\t\t\t\t\tCurrent Price($)<\/th>\n\n\t\t\t\t\t\t\t\tConsensus Price($)<\/th>\n\n\t\t\t\t\t\t\t\tDifference(%)<\/th>\n<\/tr>\n<\/thead>\n
\n\t\t\t\t\t\t\t\t1<\/td>\n\n\t\t\t\t\t\t\t\t HST<\/span><\/a><\/td>\n\n\t\t\t\t\t\t\t\t$ 0.16<\/td>\n\n\t\t\t\t\t\t\t\t$ 0.24<\/td>\n\n\t\t\t\t\t\t\t\t48.75%<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t\t\t2<\/td>\n\n\t\t\t\t\t\t\t\t idl<\/span><\/a><\/td>\n\n\t\t\t\t\t\t\t\t$ 1.32<\/td>\n\n\t\t\t\t\t\t\t\t$ 1.92<\/td>\n\n\t\t\t\t\t\t\t\t45.68%<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t\t\t3<\/td>\n\n\t\t\t\t\t\t\t\t PPC<\/a><\/td>\n\n\t\t\t\t\t\t\t\t$ 1.43<\/td>\n\n\t\t\t\t\t\t\t\t$ 2.11<\/td>\n\n\t\t\t\t\t\t\t\t48.28%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\n\tTo see the full Icarus<\/span> Signal, please go to this link<\/a><\/p>\n

\n\tTechnical limitations<\/strong><\/p>\n

\n\tIf you are reading this story through a third party distribution channel and you cannot see charts included<\/span>, we apologise<\/span><\/span><\/span>, but technical limitations are to blame.<\/em><\/strong><\/p>\n

\n\tFind out why FNArena<\/span><\/span> subscribers like the service so much: "Your Feedback (Thank You)<\/a>" – Warning this story contains unashamedly positive feedback on the service provided.<\/p>\n","protected":false},"excerpt":{"rendered":"

Daily update on share prices and consensus price targets.<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[5],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/58522"}],"collection":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/comments?post=58522"}],"version-history":[{"count":0,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/58522\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/media?parent=58522"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/categories?post=58522"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/tags?post=58522"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}